Preferred Life

Life Insurance Product from Panin Dai-ichi Life in Indonesian Rupiah

PREFERRED LIFE is a life insurance product which provide whole life protection with premium payment 8 years or 12 years.


  • Product which provides whole life protection with cash value
  • Provides large amount of sum insured (until 50 billion rupiah/person)
  • For Sum Insured that worth 1 Billion – 2 Billion rupiah, customer does not need medical check up
  • Competitive Premium
  • Protection for 99 year period



  • Death Benefit

In case of death of the Insured caused by sickness or accident or other natural causes, Insurer will pay 100% Sum Assured

  • Maturity Benefit

If Insured survives until end of policy term, company will pay 100% Sum Assured or cash value.

  • Additional Sum Insured Benefit

Sum Insured will be increased every year during coverage until policy mature in amount of 5% from annual basic premium paid by customer.
This insurance is not applicable if Insured died within these conditions:

  • Happened in one year counted since the issuance of the policy including the changes (addendum) or the most recent issued policy date. Also, if death caused by (i) suicide or (ii) death row execution.
  • If the Iinsured died during a crime attempt.
  • If the insurance’s beneficiary is involved in the death of the Insured.



  • Policy Holder Age 21 – 85 Years (Last Birthday)
  • Has Commonwealth Bank Account
  • Fill out  Application Form
  • Copy Customers Identification
  • Other Supporting Documents


Should you require further information, please contact our 24 hours Call Commbank in 15000-30 or (area code) 15000-30 from mobile or visit our nearest branch.


Insurance premium paid by customer already include cost of insurance


This insurance product issued by PT Panin Dai-ichi Life and distributed/ marketed by PT. Bank Commonwealth (Commonwealth Bank) to its customer. This product is not issued by Commonwealth Bank, consequently Commonwealth Bank doesn’t responsible for any obligation and doesn’t provide any assurance of this Insurance Product. This Insurance Product is not included in Deposit Guarantee Program of Government of Republic Indonesia (LPS). Commonwealth Bank also not undertakes for any risk of the Insurance Policy issued by PT Panin Dai-ichi Life in related to the Insurance Product. The Commonwealth Bank’s logo usage is entirely for cooperation reason between Commonwealth Bank and Panin Life in regard to the marketing process of the Insurance Product. Commonwealth Bank is not an agent of PT Panin Dai-ichi Life or a broker of Commonwealth Bank customers. The fund placed will not be included in and / or not will be secured by a deposit guarantee program by LPS.